Leader Steel (Malaysia) Price on December 15, 2024
9881 Stock | 0.42 0.01 2.44% |
If you're considering investing in Leader Stock, it is important to understand the factors that can impact its price. As of today, the current price of Leader Steel stands at 0.42, as last reported on the 15th of December 2024, with the highest price reaching 0.42 and the lowest price hitting 0.42 during the day. Leader Steel Holdings has Sharpe Ratio of -0.0559, which conveys that the firm had a -0.0559% return per unit of risk over the last 3 months. Leader Steel exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leader Steel's Standard Deviation of 2.54, mean deviation of 1.37, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
Leader Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Leader |
Sharpe Ratio = -0.0559
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Negative Returns | 9881 |
Estimated Market Risk
2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Leader Steel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Leader Steel by adding Leader Steel to a well-diversified portfolio.
Leader Steel Valuation on December 15, 2024
It is possible to determine the worth of Leader Steel on a given historical date. On December 15, 2024 Leader was worth 0.42 at the beginning of the trading date compared to the closed value of 0.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leader Steel stock. Still, in general, we apply an absolute valuation method to find Leader Steel's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Leader Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leader Steel's related companies.
Open | High | Low | Close | Volume | |
0.42 | 0.42 | 0.42 | 0.42 | 5,000 | |
12/15/2024 | 0.42 | 0.42 | 0.42 | 0.42 | 0.00 |
Backtest Leader Steel | | | Leader Steel History | | | Leader Steel Valuation | Previous |
Leader Steel Trading Date Momentum on December 15, 2024
On December 15 2024 Leader Steel Holdings was traded for 0.42 at the closing time. The highest price during the trading period was 0.42 and the lowest recorded bid was listed for 0.42 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Leader Steel Holdings Fundamentals Correlations and Trends
By evaluating Leader Steel's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Leader Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Leader financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Leader Steel Stock history
Leader Steel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Leader is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leader Steel Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Leader Steel stock prices may prove useful in developing a viable investing in Leader Steel
Leader Steel Stock Technical Analysis
Leader Steel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Leader Steel Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Leader Steel Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Leader Steel December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Leader Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Leader Steel shares will generate the highest return on investment. By undertsting and applying Leader Steel stock market strength indicators, traders can identify Leader Steel Holdings entry and exit signals to maximize returns
Leader Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Leader Steel's price direction in advance. Along with the technical and fundamental analysis of Leader Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Leader to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | 0.2031 |
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Other Information on Investing in Leader Stock
Leader Steel financial ratios help investors to determine whether Leader Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Leader with respect to the benefits of owning Leader Steel security.